Not known Facts About Top 5 States known for Buying Cheap Land in USA - LandHub

Let's suppose, in Unicoi County, located in the state's mountainous northeast, the average sales amount for a 251,911 square foot lot is $59,408.  Official Info Here 's only $0. 37 per square foot. As Tennessee continues to grow, you might possibly make money from a land purchase in the Volunteer State. Situated totally in the Appalachian area, it's no supervising, West Virginia is known as the Mountain Statethe surface is practically entirely mountainous.

Site of the popular pre-Civil War raid by John Brown, the town is surrounded by a national historic park, with much of the structures open to the public as living-history museums.West Virginia's economy has had significant strides and is still growing. The most significant market in the Mountain State is still coal mining, which contributes 98% of West Virginia's growth.

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In Morgan County, simply an hour outside of Harpers Ferryboat, a square foot of uninhabited land will cost you around $0. 44. With an average lot size of 277,623 square feet, that comes out to $29,450. Prominent as the Land of Magic, New Mexico boasts a variety of striking landscapes, from the Chihuahuan Desert to the Sangre de Cristo Mountains.

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This growing city is house to the Georgia O'Keeffe Museum and the al fresco Santa Fe Opera. To top it off, New Mexico's population and economy are on the rise. Simply put, the Land of Magic could also be the land of chance for retired people seeking to buy valuable uninhabited land.

96 per square foot, and the average land sale quantity is $55,918. Best known for its perpetually bright weather and, of course, the Grand Canyon, Arizona has actually long been a hot area for tourists craving a taste of the southwest. It's also the sixth biggest state in the U.S. with a quickly increasing population.

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Even with those numbers, you can still discover low-cost land in the Grand Canyon State. In Santa Cruz County, located in southern Arizona along the Mexico border, the typical price of land is $1. 77, with a typical sales quantity of $45,420 for 91,088 square feet. The Bottom Line, Even if you manage to find land in above discussed five states, keep in mind that any land acquired is an exceedingly high-risk investmentespecially for less experienced, short-term financiers.